Photo Main Photo of the property
$1,575,000
ULS: 10393003

Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

4070 - 4074 Av. de l'Hôtel-de-Ville, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Beautiful triplex with heritage facade and cornice, highly profitable building renovated in a condo style, featuring two bedrooms, large windows, high ceilings, high-end renovations, an open-concept layout, a courtyard on the ground floor, and balconies on the upper floors. Two units are rented monthly fully furnished and equipped, 31 days or more, while one unit is rented with a fixed yearly income. Ideally located in the heart of the Plateau, close to all amenities, downtown, Mount Royal, and McGill University.
Living area 3,052 ft²

Property features

2 Bedrooms
1 Bathroom

ALEXANDRA RUSNOV

Real Estate Broker

RE/MAX DU CARTIER INC.

GAEL LESCALIER

Real Estate Broker

RE/MAX DU CARTIER INC.

3D virtual visit:
https://ahvendre.com/3d/4070-4074-av-de-lhotel-de-ville-montreal/fullscreen/

Triplex with many recent design renovations, as well as waterproofing of the foundation and replacement of the main beam. "Ruelle verte" meticulously maintained by the neighborhood families. Incredible location close to all neighborhood stores, bakeries and cafés!

Fantastic investment opportunity:
-The ground floor and 3rd floor are listed for short-term rental (over 31 days), currently rented furnished and fully equipped through the AirBnB platform; the sellers hold "superhost" status. The current reservations could be transferable to the future buyer.
-The 2nd floor holds a yearly lease, rented at $1247 monthly, no inclusions.

BUILDING FEATURES:
Ground Floor:
- Completely renovated condo-style, AirBnB rental 31 days or more
- Spacious master bedroom with home office, large walk-in closet
- Open-concept living room, dining room, and kitchen leading to the courtyard
- Kitchen with quartz countertops, high-end appliances and gas stove
- Large renovated bathroom, double sink, and shower (washer and dryer)
- Second bedroom or home office
- Generous west-facing windows for ample sunlight
- Private fenced English courtyard
- Access to the "ruelle verte", meticulously maintained by the neighbors
- Available for immediate occupancy
- Furniture and accessories can be included in the sale, see inventory list
-2 wall mounted A/C (rented)
2nd Floor:
- Two bedrooms
- Open-concept kitchen, living room, and dining room
- Rear balcony adjacent to the kitchen
- Washer and dryer in the bathroom
- Large window openings throughout, brightness in all rooms
- Annual lease renewed until June 30, 2025, at $1247/month
3rd Floor:
- Completely renovated condo-style, AirBnB rental 31 days or more
- Two bedrooms or home office
- Exposed brick walls, high ceilings
- View of the Mount Royal from the kitchen window and balcony
- Open-concept kitchen, living room, and dining room
- Kitchen with butcher block countertops and high-end appliances
- Renovated bathroom renovated in 2023 (washer and dryer)
- Large window openings throughout, very bright in all rooms
- Furniture and accessories can be included in the sale, see inventory list
-2 wall mounted A/C (rented)

Details of current and future Airbnb rentals:

4070 (3rd floor): From June 9 to July 31, 52 nights: $5867.53
4070 (3rd floor): From August 10 to September 21, 43 nights: $4841.26 (extended until October 4th +$)
4070 (3rd floor): From October 7 to November 24th, 48 nights: $5267.10
4074 (1st floor): From June 30 to July 31, 31 nights: $4036.17
4074 (1st floor): From July 31 to August 31, 31 nights: $5449.46
4074 (1st floor): From September 3 to October 4, 31 nights: $5513.48
4074 (1st floor): From October 29 to November 28, 31 nights: $4120.56
4074 (1st floor): From December 6 to January 8, 33 nights: $4290.31
Dimensions 20' X 59' 9" irr.
Year constructed 1900
Living area 3,052 ft²
Siding Brick
Roofing Elastomeric membrane
Dividing Floor Wood
Basement Low (less than 6 feet), Unfinished, Crawl space
Lot size 20' X 70'
Lot area 130.10 m²
Topography Flat
View View of the mountain
Distinctive Features ruelle verte
Parking (total) License tag (1)
Proximity Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, University, Daycare centre, Hospital, Mc Gill
Heating System Electric baseboard units, Radiant
Heating Energy Electricity
Property or unit amenity Wall-mounted heat pump
Rented Equipment (monthly) 2 thermopumps murales (126)
Water Supply Municipality
Sewage System Municipality
Occupancy Double

Financial details

Municipal assessment (2024)

Lot assessment
$ 302,500
Building assessment
$ 1,007,900
Total
$ 1,310,400

Taxes

Municipal (2024)
$ 8,366
School (2023)
$ 1,035
Total
$ 9,401

Gross annual revenues (potential)

Residential
$ 95,364
Total
$ 95,364

Inclusions

4074 (1st floor): Appliances, furniture, lighting, pots & pans, plates, cutlery and small appliance; window coverings, TV, wall mounted A/C (rented), water heater. Inventory lsit available. 4070 (3rd floor): Appliances, furniture, lighting, pots & pans, plates, cutlery and small appliance; window coverings, TV, wall mounted A/C (rented), water heater. Inventory list available.

Exclusions

4074 (1st floor): All personal effects belonging to the sellers, including all artwork. 4072 (2nd floor): All personal effects belonging to the tenant, all appliances 4070 (3rd floor): All personal effects belonging to the sellers, including all artwork.

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